USDCAD Pip Value — Contract Specs & Lot Sizes
One standard lot of USDCAD is 100,000 USD with a pip size of 0.0001. Pip value per standard lot: 10 CAD.
USDCAD Contract Specifications
| Instrument | USDCAD — US Dollar / Canadian Dollar |
| Contract Size (1 standard lot) | 100,000 USD |
| Pip Size | 0.0001 |
| Pip Value (1 lot) | 10 CAD |
| USD Equivalent | ≈ $7.30 (varies with USD/CAD rate) |
| Minimum Lot | 0.01 |
| Maximum Lot | 100+ (broker-dependent) |
| Typical Spread | 0.1–0.8 pips raw / 1.2–2.0 pips standard |
| Trading Hours | 24/5, Sunday 21:00 – Friday 22:00 GMT |
| Platform Aliases | USD/CAD, Loonie |
USDCAD Pip Value by Lot Size
| Lot Size | Pip Value |
|---|---|
| 0.01 lot | 0.10 CAD |
| 0.10 lot | 1.00 CAD |
| 1.00 lot | 10.00 CAD |
| 10.00 lot | 100.00 CAD |
Values scale linearly with volume: 0.01 lot = 1% of the 1-lot value, 10 lots = 10×. ≈ $7.30 (varies with USD/CAD rate)
How to Calculate USDCAD Pip Value
Because the quote currency is CAD, the USD value of each pip moves slightly with the CAD/USD exchange rate — ≈ $7.30 (varies with USD/CAD rate). Verify exact contract size in your platform (MT4/MT5 → Market Watch → right-click → Specification).
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Frequently Asked Questions
What is the pip value of USDCAD?
One pip of USDCAD on a 1.00 standard lot is worth 10 CAD (≈ $7.30 (varies with USD/CAD rate)).
How do I calculate USDCAD pip value?
Multiply pip size by contract size: 0.0001 × 100,000 USD = 10 CAD per standard lot.
Does the USDCAD pip value change?
The CAD value is constant, but its USD equivalent shifts slightly with the CAD/USD rate.
What is the contract size of USDCAD?
One standard lot is 100,000 USD. Minimum trade size is 0.01 lots at most brokers.
How many pips does USDCAD move per day?
~57 pips on average (August 2026 window) — low–medium volatility among the 35 instruments in our database.
Data compiled 22 August 2026 from IC Markets product specification sheets, Myfxbook live spread/swap/volatility feeds and public education sources (FOREX.com Academy, BabyPips, FXStreet). Spreads, swaps and daily ranges change continuously — values above are representative, not quotes, and vary by broker. Verify everything in your platform's contract specification window. Educational content only — not financial advice. See our Terms.
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